Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion - Printable Version
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Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion - Gstalk - 25-08-2022
Aug 25 (Reuters) - Singapore Telecommunications Ltd said on Thursday it would sell a 3.3% stake in India's Bharti Airtel Ltd to Bharti Telecom Ltd for an aggregate consideration of about S$2.25 billion ($1.61 billion).
Singtel, southeast Asia's largest telecom firm, said its units Pastel Ltd and Viridian Ltd would together sell 198 million shares they hold in India's second-biggest telecom operator.
The stake sale comes at a time when Singtel trims down its portfolio to sharpen focus on core businesses.
https://sg.finance.yahoo.com/news/1-singtel-sell-3-3-234633899.html
RE: Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion - hansamu - 25-08-2022
They should distribute some to shareholders to add value.
GCT used to praise sky high this stock...many citizens bought into it...
Sadly, the stock price is so dead.
Sigh 😕
RE: Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion - Scythian - 25-08-2022
.
GIC also holds 4% of Bh Airtel, the right left unsubscribe by Singtel.
RE: Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion - lvlrsSTI - 25-08-2022
(25-08-2022, 01:09 PM)Scythian Wrote: .
GIC also holds 4% of Bh Airtel, the right left unsubscribe by Singtel.
Telstra also lah
RE: Singtel to sell 3.3% stake in Bharti Airtel for $1.6 billion - jus4lucky - 25-08-2022
sure drop and stupid investment.
ceca people leh. when do business with them , either U must be darker than them or either U are a snake.